Yes! Can be worked out now with some rough inputs, please have a go and compare. 40kt is it? Okay, profit then...
Processing opex $46.44 / t mined. Divide by 2200 for pounds and divide by head grade to get the quantity required and we've got a few cents over $7 / Lb cost, not bad.
Assumes 100% recovery of course so make it $10 / Lb allowing for reasonable loss.
You're using $11 / Lb input, cool. Profitable? Tick. Before mining, tailings, that short trip up to Darwin, administration and more than a little bit of interest. Let's call these 50c because I'm extremely kind = US$44m profit.
Easy to get from there to NPV. Just run your 50c x 40kt at a 10% discount in perpetuity (1000 years, near enough) and subtract US$676m non inclusive capex.
Negative $236m NPV. Actually the inverse reported average EBITDA of a peer, would you believe? You can't make this stuff up.
Tip... works better with the $20/Lb management are banking on.
Yes! Can be worked out now with some rough inputs, please have a...
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Last
1.2¢ |
Change
0.002(14.3%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $44.75K | 4.053M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2351171 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2709950 | 7 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| KRR (ASX) Chart |
